Bookkeeping in Rutherglen, Glasgow

We offer a range of additional services to help you focus on running your business.

Companies House Registered Offices

We can now offer clients the use of our address to be your registered office. If you currently use your home address for your registered office, you may want to consider using an address that is not in the public record. This means that all Companies House letters would now come to us and we will take care of them automatically for you without you even having to pass them on to us! Contact us for more details and prices.

Home office
Croner Taxwise logo

Investigation Protection Insurance

An investigation by HMRC is rarely concluded quickly, and the amount of time and work involved means that you end up with a big bill for our time in dealing with the investigation on your behalf. We have partnered with Croner Taxwise, a leading player in this market, to offer clients this product. The product also comes with helplines on Health & Safety, & Employment Law which is manned by experts at Croner Taxwise. The feedback we have had from clients (and staff!) using this helpline has been very positive.

Funding Circle

We have partnered with Funding Circle, the leading online platform for small business lending in the UK. Funding Circle helps business owners like you grow and thrive by helping them access fast and affordable finance. Since launching in 2010, more than £5.8billion has been lent to over 54,000 British businesses. You can request a loan of £10,000 to £500,000, with rates starting from 1.9% per year, and an option of a 6 month to 5-year loan term you can customise it to suit your business. An unsupported personal guarantee is required, and the online application only takes 10 minutes. You’ll normally find out if your application was successful within 24 hours, and you receive your funds in as little as 5 days. If you are interested in funding for your business, please get in touch with us and we can put you in touch with Funding Circle.

Funding Circle logo

New Penalty Regime for VAT Returns

PERIODS STARTING ON OR AFTER 1/1/23.

Under the proposed changes, there will be a two-tier penalty system. Firstly, there will be a late submission penalty: HMRC will issue a single penalty point for a late submission of a VAT return and once the business has exceeded a points threshold for multiple missed returns a flat penalty of £200 will be imposed for each late return.

The regime introduces a ‘standalone’ late submission penalty using a points-based system, depending on how often VAT returns are submitted. The system has been designed to penalise those who frequently file late returns, offering more leniency to those who make the occasional late submissions, thus making the system fairer.

From 1 January 2023, HMRC will charge late payment interest from the day your payment is overdue to the day your payment is made in full. Late payment interest is calculated as the Bank of England base rate plus 2.5%.

Business office

Contact Clyde Business Services for accounting & bookkeeping services in Rutherglen, Glasgow